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(OLECTRA) Olectra Greentech complete technical analysis [charts+indicators] | Buy/Sell Olectra Greentech | (OLECTRA) share price targets

Complete technical analysis of Olectra Greentech (OLECTRA) by charts plus indicators, forecast predictions and share price targets for Olectra Greentech (OLECTRA)

Showing technical analysis as on 2024-03-07 View latest technical analysis

10 day averaged volume of Olectra Greentech is 1250734

Date	Daily Closing Price	Open	High	Low	Volume
07 Thu Mar 2024	1897.40	1873.95	1929.00	1868.30	0.569 times
06 Wed Mar 2024	1863.45	1939.00	1941.50	1852.00	0.846 times
05 Tue Mar 2024	1937.50	1951.00	1969.55	1931.00	0.466 times
04 Mon Mar 2024	1948.90	1976.75	1994.70	1932.60	0.622 times
02 Sat Mar 2024	1976.75	1965.10	1980.00	1950.00	0.11 times
01 Fri Mar 2024	1962.40	1978.00	2011.50	1954.00	0.593 times
29 Thu Feb 2024	1966.75	1958.00	1978.00	1908.25	0.965 times
28 Wed Feb 2024	1957.80	2032.00	2034.00	1950.00	1.022 times
27 Tue Feb 2024	2024.00	2022.00	2063.60	2009.00	0.971 times
26 Mon Feb 2024	2015.45	2046.00	2065.50	2002.20	1.407 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1931.3, but if it comes above 1931.3, then a intra day buy could be more profitable.
If you take a sell trade below 1931.3, then use 1931.3 as stoploss and 1852.7 as target. However if you take a buy trade in stock , then use 1931.3 as stoploss and 1996.85 as target.

Share price targets for Olectra Greentech (OLECTRA)

Target Type	Value
Downside Target	1137.05
Downside Target	1177.45
Downside Target	1327.40
Downside Target	1378.80
Downside Target	1713.05
Downside Target	1787.00
Downside Target	1847.05
Upside Target	1908.25
Upside Target	1983.70
Upside Target	2048.00
Upside Target	2065.50
Upside Target	2134.00
Upside Target	2221.95

Intraday share price targets for Olectra Greentech (OLECTRA)

Target Type	Value
Downside Intraday Target	1834.7
Downside Intraday Target	1772
Upside Intraday Target	1977.4
Upside Intraday Target	2057.4
Upside Intraday Target	1914.7

Weekly technical analysis of Olectra Greentech (OLECTRA)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Thu Mar 2024	1897.40	1976.75	1994.70	1852.00	0.494 times
02 Sat Mar 2024	1976.75	2046.00	2065.50	1908.25	0.378 times
23 Fri Feb 2024	2034.20	2014.80	2221.95	1983.70	1.425 times
16 Fri Feb 2024	2006.40	2018.00	2134.00	1847.05	0.867 times
09 Fri Feb 2024	1999.75	1794.00	2048.00	1787.00	1.236 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Olectra Greentech (OLECTRA)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Thu Mar 2024	1897.40	1978.00	2011.50	1852.00	0.074 times
29 Thu Feb 2024	1966.75	1751.20	2221.95	1713.05	0.828 times
31 Wed Jan 2024	1742.05	1349.00	1808.00	1327.40	2.466 times
29 Fri Dec 2023	1346.80	1201.60	1378.80	1177.45	1.698 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Olectra Greentech (OLECTRA)

Price action analysis of Olectra Greentech ( (OLECTRA) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Olectra Greentech ( (OLECTRA) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Olectra Greentech ( (OLECTRA) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Olectra Greentech stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Olectra Greentech in short term but the sell signal is initial and weak.

Olectra Greentech Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Olectra Greentech in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Olectra Greentech is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1961.71 and Olectra Greentech (OLECTRA) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Olectra Greentech (OLECTRA) stock. Volume based technical analysis of Olectra Greentech (OLECTRA) stock is negative.

Olectra Greentech Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.